Global Business Reports


Lindsay Davis, Lina Jafari, Emma Johannes

MACIG 2019 Pre-Release

August 27, 2018

Often painted as a single country, Africa is regarded as a high-risk investment when compared to mining jurisdictions like Canada or Australia. However, an uptick in metal prices in 2018 has reinvigorated appetite for the continent’s famed mineral potential, and subsequently foreign direct investment (FDI) flows are expected to increase by 20% to US$50 billion in 2018. As dissimilar twins that share a geological trend and little else, the DRC and Zambia are both top of mind for investors eager to take advantage of recovering copper prices. Zambia intends to produce a record 1,000,000 tonnes of copper this year, and the high grades found in the DRC — often upwards of 3% — continue to tantalize despite an impending election and a divisive new mining code. While copper and cobalt are clearly the main drivers for investment, the broad mineral potential found beyond the Central African Copperbelt also provides ample reason to examine other opportunities, with emeralds, manganese, nickel and zinc garnering particular interest in Zambia while diamonds, gold, tin, and lithium have seen significant new investment in the DRC. The entire mining ecosystem has experienced a boost from green shoots in the global mining economy, and on the whole both Zambia and DRC are gearing up for a strong 2019.


GBR speaks to Cummins in Zambia about its long presence in Southern Africa.
Nzuri Copper explains to GBR the strategy for its Kalongue copper and cobalt mine in the DRC.
AVZ Minerals speaks to GBR about the options going forward for its huge Manono deposit in DRC.
IronRidge explains its Afrocentric focus.


Mexico Chemicals 2024

In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.



"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."